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The Precariat and the Global Erosion of Job Security

Wade Rathke Talking Union, a DSA labor blog
This article revolves a new book called The Precariat: the New Dangerous Class by Gary Standing, a British economist.Lack of job security and low wages is how he characterizes these workers. He cites McDonalds and Walmart as the model worldwide for creating precarious employment.

Rebel with a Cause

Jennifer Berkshire EduShyster
This is a critical moment in our history and we have to protect public education or we’re going to lose it. There’s an incredible sea change that’s coming from the rank and file in teachers unions, not just in Massachusetts but across the country.

Living Poor in San Francisco

Carl Finamore CounterPunch
Referring to the Brookings’ data, San Francisco writer Barbara Koh noted that the same trend is occurring in cities across America but “San Francisco’s income gap is distinctive, however, because our rich are uber-rich and getting richer. The $353,500 income of San Francisco’s wealthiest 5 percent of households is higher than their counterparts in any other big city.”

WikiLeaks Reveals Secret Global Trade Deal for Corporations to Operate with Impunity

Mike Ludwig, Truthout Report Truthout
Embattled WikiLeaks publisher Julian Assange announced last Wednesday from London the publication of a secret draft text of the Trade in Services Agreement (TISA), a controversial global trade agreement said to make it easier for corporations to make profits and operate with impunity across borders.

It’s the Oil, Stupid! Insurgency and War on a Sea of Oil

Michael Schwartz TomDispatch
Under the seething ocean of Sunni discontent lies a factor that is being ignored. The insurgents are not only in a struggle against what they see as oppression by a largely Shiite government in Baghdad and its security forces, but also over who will control and benefit from what Maliki -- speaking for most of his constituents -- told the Wall Street Journal is Iraq’s “national patrimony.”

Argentina Wants to Continue Paying its Debts But They Won't Let It

Republic of Argentina
The vulture funds that secured a ruling in their favor are not original lenders to Argentina. They purchased bonds in default at obscenely low prices for the sole purposes of engaging in litigation against Argentina and making an enormous profit.